SlattYSL

SlattYSL

im seeing cad weakness potential across the board.. acad looks to be inverse h&s with a possible long from .9555 til about .972.. possible neckline at white DASHED line... BELOW .951 indicated further bearish action

SlattYSL

the euro has been out right strong but is looking to retrace .. forming an 8hr possible bat back to the lower side ... i have a long bias tbh to 1.235 but if this price drops then i have to target 1.16 before i look to buy anything... just came off this buy tbh and my first tp target was 1.195 from 1.1775 but 1.192 is close enough to enter a short for a retracement

SlattYSL Updated 

nzd jpy hitting support.. on many time frames .. nzd has been brought back to 2020 levels across the board.. daily looks like inverse h&s with this being the right shoulder

SlattYSL

1 hr technical analysis , ive been long from .7565 until .785 and this hourly wedge right here is showing good support for an addition..

SlattYSL

adding onto the position in the related post.. i seen a 15 min h&s yesterday, (we took that over in the forex chat).. but now we are retesting the neckline and there is a harmonic pattern along the way to help the bias

SlattYSL

although the euro has been strong across the board, im seeing it struggle to break out against aud. also, this pair is stuck but its has reached trendline resistance (red) & i believe it'll fail it's breakout against a strong aussie, bringing the pair back to around 1.541 support level

SlattYSL

over the last 3 months or so, the dollar has been bullish but cad has been stronger. & now with usd finally looking to die off i can see a MASSIVE shorting opportunity here to 1.235. I am short from 1.2625, this is just where i'm adding on and decided to share my insight

SlattYSL

NZD USD . WE'VE mastered the sell BEAUTIFULLY, now it's time to BUY BACK! It's consolidating but also broke it's downward trendline on the 1 hr and found horizontal support around the .697 & .699 areas.

SlattYSL

IN MY OPINION (NOT A FACT): USD buyers are setting themselves up for failure. NFP is expected to come in MORE THAN DOUBLEEE than last month's report. Lets not kid ourselves here. Growth within the U.S. isn't that substantial.. but from a technical view, the pair has hit the .25% fib level (1.1792) on a weekly time frame, and this long aligns with a nice potential...

SlattYSL

is it time? time for what u may ask... TIME TO LONG EU!!!! In 2021, usd has fell to multiyear lows against aud, cad, gbp, & nzd. Euro, along with ch& jpy, has been lagging TREMENDOUSLY .. & now with the dollar pairs at support across the board and euro showing signs of life in other pairs i truly believe we can see 1.23 again and THE JOURNEY BEGINGS HERE ENTRY...

SlattYSL Updated 

minutes ago GDP came in HORRIBLE for New Zealand & things pretty much stayed the same for the US. Despite a huge dollar sell off i dont think it'll maintain. .725 has been a HUGE level of resistance on a daily time frame, also just under my trend line . Also seeing a 3 day H&S pattern. LOL so yeah, I'll personally be taking this trade (NOT FINANCIAL ADVICE) Entry...

SlattYSL

with fomc upon us, the charts have been really sideways for the past 24 hours. EURUSD, which is basically a mirror of the dollar index, has been in range with a support around 1.191 and a resistance of 1.196 .. I believe we continue to range for a little bit before a sell off just a theory... tbh i'd rather sell than buy.. just a scalp idea

SlattYSL

ii've been following nzd/usd inside of a wedge for a while. Indeed the commodity pair broke out, making higher highs than even last year, but i believe it must come down first. this set up is mainly for my buy. If price does play out how i predict, the it should drop sub .71, & maybe even as low as .704. I have my alerts set up at .71 so i can have a heads up on...

SlattYSL

cad has yet to respond to ANY dollar strength. when cad weakens, ill be a fast push back above 1.268 and maybe to 1.274 - 1.278. also i remember buying from here a few weeks back .. going to follow the same plan

SlattYSL

ben selling from 1.268 all week & now we've hit the bottom of my demand zone so im going to take a huge reward low risk entry here for a long. above 1.2576 confirms it .. move my stop to b.e. and im good til 1.273

SlattYSL

lol its the same as my last post, except it's more clear, i forgot i have 4 charts now so when i enlarge 1, i forget it'll post all. sorry lol same message .. au looks to be hitting a resistance. the 6hr candle is looking to turn bearish . This also looks like a second right shoulder on a possible h&s pattern. if predictions follow through, i'll just keep this...

SlattYSL

au looks to be hitting a resistance. the 6hr candle is looking to turn bearish. This also looks like a second right shoulder on a possible h&s pattern. if predictions follow through, i'll just keep this post updated. entered on market at .778 stop .7795 tp1 .773 tp2 .767 tp3 .763

SlattYSL

welp the yearly bottom is in on euro usd, in my eyes. dxy touched 92, filling it's gap from LAST YEAR & now with no worries i am selling all of my dollars for anything !